Thorntown income rental apartments for sale located at 200-214 Main Street, Thorntown, Indiana 46071
Thorntown, IN 46071 apartment units for sale located on Main Street at the intersection of Indiana State Highways 47 and 75.
Offered for sale at $79,900
Sale includes two apartment buildings with three townhouse style units each.
Front apartment building has three units that are rented and this income property has great visibility on Main Street in Thorntown at the intersection of two state roads.
Unit #1 has five rooms; 3 bedrooms and 2 full baths. Rent is $400 per month.
Unit #2 has four rooms; 2 bedrooms and 2 full baths. Rent is $400 per month.
Unit #3 has five rooms; 3 bedrooms and 2 full baths. Rent is $400 per month.
Total income when fully rented is $14,400 per year.
Property taxes paid in 2013 was $1,565.
The tenants pay ALL utilities: gas, electric, water, sewage
Back apartment building is vacant and it has three units. The interior needs a total remodel. The sellers have factored in the "as is" condition of the back apartment building into the sale price of this Thorntown rental apartment buildings for sale for $79,900.
Contact Sharon Walter (765) 426-5243 for more information on the sale of this income producing property in Thorntown with low taxes.
Disclosure: Listing agent is co-owner and holds an active Indiana real estate license.
This is now a closed sale and another listing sold by Sharon Walter Lafayette real estate agent.